英格兰金融学作业写作格式、内容要求:Master Coursework

dissertation题目：dissertation要求在附件中，务必按照要求完成

dissertation语言：英语dissertation English

dissertation专业：金融

字数：2500

学校国家：英格兰

是否有数据处理要求：是

您的学校：

dissertation用于：Master Coursework 硕士课程essay

补充要求和说明：

dissertation要求都在附件中，其中涉及到SPSS的数据分析，请务必按照要求保持保量完成，谢啦。

 

This second coursework for the module consists of one piece of work comprising up to 2,500 words that aims to test your understanding of underlying principles of quantitative research in the social sciences, with a particular emphasis on accounting and finance contexts.  The coursework will contribute 50% of the total mark for the module.  The coursework requires you to perform and present regression and statistical analysis of data accompanied by a commentary that explains the regressions and tests that are being performed and the interpretation of those tests in the context of accounting and finance theory.这第二个essay的课程工作，包括要写到2500字，旨在测试你的定量研究在社会科学，特别侧重于会计及财务上下文的基本原则的理解。金融essay格式要求课程将贡献50％，总的标记模块。该课程，您需要执行和提交的评论，说明回归和正在执行的测试，这些测试的背景下，会计及财务理论的解释伴随着数据的回归和统计分析。

 

The deadline for submission of your assignment is 10.00 on Monday 10th January, 2010.  The assignment should be delivered to the Post Box in Room A04 of the Aberconway Building.你的essay提交的截止日期为上周一2010年1月10日为10.00。分配方式应该被传递到邮政信箱A04室的Aberconway大厦。

 

The assessed coursework must be entirely your own work.  Severe penalties will be imposed on students who are found guilty of plagiarism.  You are referred to your module catalogue for further details.  In addition, in an attempt to prevent plagiarism, you will be provided with a unique data set for the assignment.  Details of where you can find your data are provided overleaf.评估的课程必须是完全是你自己的工作。谁被发现犯有抄袭的学生，将被处以严厉的处罚。您被称为你的模块目录的进一步细节。另外，在试图防止剽窃，你将被提供了一个独特的数据集的分配。在这里你可以找到你的数据的详细信息页提供。

 

Bibliography & Referencing:参考书目和参考的：

你咨询学术期刊文章和专业杂志上的文章，在适当情况下。请记得引用来源，使用适当的引文系统（如哈佛风格）。散文引用不佳失分。引用样式的指导，可以发现在图书馆和网上：#p#分页标题#e#

You are expected to consult academic journal articles and professional journal articles, where appropriate.  Please remember to reference your sources using an appropriate citation system (such as Harvard style). Essays will lose marks for poor referencing.  Guidance for referencing styles can be found in the library and online:  

 

DATA数据

 

There are two parts to the assignment, which test your understanding of quantitative research methods.  The first part is a test of the Capital Asset Pricing Model (CAPM) using stock returns of a particular industry portfolio and the second part is an examination of firm characteristics that may affect audit fees using a unique sample of UK firms.  分配有两个部分，测试你的定量研究方法的理解。第一部分是资本资产定价模型（CAPM），使用一个特定的行业组合和股票回报第二部分是检查企业特征，可能影响审计费用，采用了独特的英国企业样本测试。

 

The data for the assignment can be found at S:/Teaching/Research Methods.  For Part 1, you are allocated a specific industry portfolio to investigate.  For part 2, you are allocated a random sample of 5000 firms.  The data allocation can be found in the file S:/Teaching/Research Methods/Assignment Data Allocation.xls.  The industry portfolio returns are found in the spreadsheet S:/Teaching/Research Methods/Industry Portfolios.xls.  Your specific data set for investigating audit fees in part 2 can be found at S:/Teaching/Research Methods. The data allocation spreadsheet shows you precisely which data you should use for your assignment.  

 

PART 1: TEST OF CAPM第1部分：试验CAPM

 

The spreadsheet S:/Teaching/Research Methods/FF Data 10-11.xls contains the market (mkt-rf), growth (smb), value (hml) and momentum (umd) asset pricing factors for US stocks.

 

REQUIRED

 

Use these asset pricing factors to test the validity of the Capital Asset Pricing Model (CAPM) for your industry portfolio returns.  Write a commentary to explain the methods that you use and interpret your findings.  Your commentary should include the following:

 

(a) an explanation of the theory that is being tested, 

(b) a statement of coefficient values under null hypotheses, 

(c) presentation of regression analysis, 

(d) interpretation of hypotheses tests on coefficients, 

(e) analysis of diagnostic tests to verify the validity of your regression model, 

(f) any other information or tests that you feel are relevant.

 

PART 2: AUDIT FEES第2部分：审计费

 

Your spreadsheet (KEVINX.csv) contains a sample of 5,000 UK firms.  For each firm you have been provided with the following variables:  #p#分页标题#e#

 

(i) log of audit fee (logafee); 

(ii) log of sales (logsal); 

(iii) log of total assets (logta); 

(iv) number of subsidiaries (nsubs); 

(v) exports divided by sales (expsales); 

(vi) total liabilities divided by total assets (gearing) (tlta); 

(vii) return on total assets (retta); 

(viii) current assets divided by current liabilities (cacl); 

(ix) a dummy variable to indicate if the firm’s audit is performed by one of the big four auditors (big4).

 

REQUIRED所需

 

Use the information on the above variables to investigate whether firm characteristics can explain the cost of audits.  Write a commentary to explain the methods that you use and interpret your findings.  Your commentary should include the following:

 

(a) an explanation of the reasons for including these variables in an investigation of audit fees, 

(b) a statement of coefficient values under null hypotheses, 

(c) presentation of regression analysis 

(d) interpretation of hypothesis tests on coefficients, 

(e) analysis of diagnostic tests to verify the validity of your regression model 

(f) any other information or tests that you feel are relevant.